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Truist Securities analyst Jake Bartlett reiterated a Buy rating on the shares of Sysco Corp (NYSE:SYY) and lowered the price forecast from $85 to $83. For the second quarter, adjusted EBITDA of ...
HOUSTON, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week second fiscal quarter ended December 28, 2024. Key financial results for the second quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024):
Sysco reiterated its full-year forecasts for the second time; it expects net sales to grow between 4% and 5% and adjusted earnings per share to grow between 6% and 7%.
During the quarter, Sysco returned approximately $803 million to shareholders through share repurchases and dividends, despite a decrease in free cash flow to $331 million. Fiscal 2025 Outlook
Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that ...
One Table. packaging (pack-a-thon) contest. Over 40 U.S. suppliers and packaging producers submitted innovative, environmentally friendly solutions to reduce plastics and packaging waste. Sysco's panel of judges invited the top seven proposals to a pitch competition at the end of June, narrowing the field to three winners: Winners:
SWOT has been described as a "tried-and-true" tool of strategic analysis, [3] but has also been criticized for limitations such as the static nature of the analysis, the influence of personal biases in identifying key factors, and the overemphasis on external factors, leading to reactive strategies. Consequently, alternative approaches to SWOT ...
Sysco Corp (NYSE: SYY) reported first-quarter FY23 sales growth of 16.2% year-on-year to $19.13 billion, beating the consensus of $18.65 billion. U.S. Foodservice operations sales rose 17.2% Y/Y ...